Latest Shale gas Stories

HOUSTON, Feb. 27, 2012 /PRNewswire/ -- Southwestern Energy Company (NYSE: SWN) today announced its financial and operating results for the fourth quarter and the year ended December 31, 2011. Calendar year 2011 highlights include: Gas and oil production of 500 Bcfe, up 24% over 2010Proved oil and gas reserves of 5,893 Bcfe, up 19% over 2010Net income of $637.8 million, up 6% from 2010Net cash provided by operating activities before changes in operating assets and liabilities (a non-GAAP...

HOUSTON, Feb. 27, 2012 /PRNewswire/ -- Jack Williams, president of XTO Energy, an Exxon Mobil subsidiary, will be a keynote speaker at Hart Energy's 7th( )annual Developing Unconventionals (DUG(TM)) conference and exhibition, April 23-25, at the Fort Worth Convention Center in Fort Worth, Texas. Williams will present "Unconventional Resources: Taking a Long-Term View" on Tuesday, April 24. DUG attendees (more than 2,400 professionals from 800-plus companies) will have the...

HOUSTON, Feb. 23, 2012 /PRNewswire/ -- Former U.S. Secretary of State Condoleezza Rice will deliver the keynote luncheon address at Hart Energy's 7th( )annual Developing Unconventionals (DUG(TM)) conference and exhibition, April 23-25, 2012, at the Fort Worth Convention Center in Fort Worth, Texas. Rice was appointed National Security Adviser by President George W. Bush in 2001 -- the first female to hold that position -- and served as the 66th Secretary of State of the United States...

HOUSTON, Feb. 22, 2012 /PRNewswire/ -- Goodrich Petroleum Corporation (NYSE: GDP) today announced financial and operating results for the year and fourth quarter ended December 31, 2011 and updated capital expenditure and production guidance for 2012. CAPITAL EXPENDITURES The Company is maintaining its 2012 capital expenditure budget of $250 - 275 million, but reallocating $20 million of capital expenditures from its gas-focused Haynesville Shale properties to its oil-focused activities...

HOUSTON, Feb. 21, 2012 eCORP International, LLC ("eCORP") and GASFRAC Energy Services Inc. ("GASFRAC") are pleased to announce that they have executed a Memorandum of Understanding ("MOU") to introduce in Europe the reservoir stimulation technology using liquefied petroleum gas (propane or propane-butane mix). GASFRAC has successfully employed this technology in North America, pumping over 1,200 stimulations in reservoirs from Alberta, Canada to south Texas, USA. eCORP is engaged in...

Natalie Merchant Lends Her Voice In Song To Defend New York's Waters In Support Of A Ban On Shale Gas Hydrofracking In New York State And Beyond. Heinz Award Recipient, Biologist, Author Sandra Steingraber Speaks Out In Defense Of New York's Children. The Horse Flies Rock On For Clean Water. The Southern Tier Rises Against Hydrofracking. ITHACA, N.Y., Feb. 21, 2012 The following release is being issued by The Finger Lakes CleanWaters Initiative: (Photo:...

HOUSTON, Feb. 14, 2012 /PRNewswire/ -- J. Mike Stice, chief executive officer, Chesapeake Midstream Partners, will deliver the opening keynote address at Hart Energy's 3rd Annual Marcellus Midstream Conference and Exhibition, March 19-21, 2012, in Pittsburgh. "We are excited to expand our footprint into the Marcellus Shale, further increasing our basin diversification and, more importantly, exposing us to the increased drilling activity in the liquid-rich regions in the Marcellus...

In his State of the Union address, President Barack Obama praised the potential of the country's tremendous supply of natural gas buried in shale. He echoed the recommendations for safe extraction made by an advisory panel that included Stanford University geophysicist Mark Zoback. The panel made 20 recommendations for regulatory reform, some of which go well beyond what the president mentioned in his address. The topic is controversial. Breaking up rock layers thousands of feet...

FRISCO, Texas, Feb. 6, 2012 /PRNewswire/ -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) today reported financial and operating results for the three months and year ended December 31, 2011. Financial Results for the Three Months and Year Ended December 31, 2011 Comstock reported a net loss of $41.1 million or 89 cents per share for the three months ended December 31, 2011 as compared to a net loss of $20.6 million or 45 cents per share for the three months ended...

HOUSTON, Feb. 2, 2012 /PRNewswire/ -- Key events and trends in 2011 frame Ernst & Young's Oil & Gas Center leaders' expectations for 2012. Global politics, midstream capacity, new domestic sources of crude, environmental concerns, the shale gas boom and natural gas pricing market are reshaping the oil and gas industry moving forward. "As oil and gas activities have become more global in nature, macro-economic factors worldwide will continue to impact the US energy...